FREQUENTLY ASKED QUESTIONS
Important information
WHAT IS "FOREX"?
The foreign exchange market, also known as Forex (short for the English term Foreign Exchange), FX or Currency Market, is a global and decentralized market in which currencies are traded.
This market was born with the objective of facilitating the monetary flow derived from international trade . It is by far the largest financial market in the world, moving a daily transaction volume of around five trillion US dollars (USD), more than all other stock markets on the planet combined.
IS THERE A MINIMUM AMOUNT TO START INVESTING?
The Forex market is known for its great daily liquidity of around five trillion dollars (USD), this implies what traders know as volatility and this is abundant in this market. There is a general rule, to call it something, and that is that the more capital you invest, the safer your investment will be. For this reason, we recommend that if you have the idea of entering Forex, either operating personally, or through a third party, you raise as much capital as possible. Many novice traders enter the market with little capital in their accounts assuming a very risky operation, which we do not recommend. If you plan to start investing and you have doubts if you have enough capital, contact us through any of the channels available on the site.
WHAT ARE THE FEES OF STOCK TRADERS?
There are different ways in which a professional operator could charge for their services. The most common is that they charge a percentage of the performance according to the agreed period. For example, suppose that Pedro has an account of 10,000 USD and he agreed with his operator 25% of the monthly yield of the same. His trader managed to achieve a 10% return at the end of the period, so Pedro earned 1000 USD, his trader charges him 250 USD of that profit so Pedro has a net profit of 750 USD for the month.
HOW MUCH CAN I EARN IN FOREX?
The most common question before a person invests in the financial market is: How much will I earn? First of all, you must understand that there is a potential risk that you will not win anything, there is even the possibility that you will lose. Starting from this premise and assuming the risk that this entails in a responsible manner, the performance will depend on the operator's approach to the market. If you take risky positions with a large lot, you can win a lot, but also lose a lot. If you take positions consistent with the volume of the account and with a smaller lot, you can earn less, but at the same time, if you lose, it will be less. At Abacus Trades we recommend a responsible approach to the market according to our clients' accounts to try to guarantee at least a 10% monthly return on the accounts without exposing them to high risk.